• Sumitomo average pre-tax profit margin for 2023 was 7.39%, a 4.27% increase from 2022.
• Sumitomo average pre-tax profit margin for 2022 was 7.72%, a 12.7% decline from 2021.
• Sumitomo average pre-tax profit margin for 2021 was 6.85%, a 8.21% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.